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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Office Spaces
102 Myers SE St Rainier, WA 98576
Entity Owned
7-yr Hold
Property ID
US90-1845723
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2009
Construction
WOOD FRAME
Total area
4,500 SF
Lot
1.25 ac (54,450 SF)
APN
2160-91-30500
UPID
US90-1845723
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$565k
Comparable Approach
Comparable
$757k
Blend (final)
Blend
$550k
Owner & transaction history
Self Access Storage LLC · 7 yrs held
Self Access Storage LLC
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Rainier submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rainier submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$615,000
6.5%
$565,000
7%
$525,000
Blend value · Realmo final
$550k
Range $495k – $605k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$122 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$20,601
Tax year 2023
Assessed value
$2,315,500
Assessed 2022
Previous assessed
$1,039,000
+122.9% YoY
Effective rate
0.89%
On assessed value
Assessed land
$298,400
Assessed improvement
$2,017,100
Land market value
$298,400
Improvement market value
$2,017,100
Total market value
$2,315,500
Applied tax rate
310.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2009
Construction
WOOD FRAME
Heating
NONE
Stories
1
Total area
4,500 SF
Lot
1.25 ac (54,450 SF)
APN
2160-91-30500
UPID
US90-1845723
Jurisdiction
THURSTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2009
Construction
WOOD FRAME
Heating
NONE
Stories
1
Lot
1.25 ac
Current owner
From public records · entity-resolved
Self Access Storage LLC
Entity
Mailing address
PO BOX 1081, RAINIER, WA 98576-1081
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 29, 2023
—
Self Access Storage LLC
—
Deed
related
$825,000 · Olympia Fsla
Jun 8, 2021
—
Self Access Storage LLC
—
Deed
related
$885,000 · Olympia Fsla
Apr 13, 2020
—
Self Access Storage LLC
—
Deed Of Trust
related
$595,000 · Olympia Fed'l S&l
Jan 28, 2019
$95,000
Self Access Storage LLC
Codd,mel R
Grant Deed
—
Dec 26, 2017
—
Mountain South
Myers Rainer LLC
Quit Claim Deed
related
—
Apr 25, 2012
$10,000
John H Bichler
Myers Rainer LLC
Warranty Deed
—
Apr 25, 2012
$26,080
John H Bichler
Myers Rainer LLC
Warranty Deed
—
Apr 20, 2012
$405,000
John H Bichler
Myers Rainier LLC
Warranty Deed
$320,000 · Small Business Capital Corp
Jul 30, 2007
—
Myers Rainier LLC
—
Grant Deed
related
$2,170,000 · West Coast Bank
—
—
Myers Rainier LLC
—
Deed Of Trust
related
$13,000 · John H Bichler
—
—
Myers Rainier LLC
—
Deed Of Trust
related
$224,375 · West Coast Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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